Highest-materiality recent filing
Alpine Income Property Trust elects all director nominees, say-on-pay passes with 12% against
All five director nominees (Albright, Wein, Good, Richardson, Wadleigh) elected with 8.5M-8.8M votes For each.
Entered agreements adding Cantor Fitzgerald and Huntington Securities as sales agents for Series A preferred ATM up to $35M.
Alpine Q1 net income $2.2M; raises 2026 AFFO guidance to $2.11-$2.15
Net income attributable to PINE of $2.2M ($0.06/diluted share) vs loss of $1.2M in Q1 2025.
Q4 total revenues $16.9M (up 22% YoY); FFO per diluted share $0.54 vs $0.44; net income $1.5M vs $(1.0M) loss.
Alpine Income Property Trust launches $35M ATM offering of 8.00% Series A Preferred Stock
Authorized additional 1,458,334 shares of 8.00% Series A Preferred Stock, total authorized now 3,758,334.
Alpine Income Property Trust prices 2M share Series A Preferred Stock offering at $25 per share
Company issued 2,000,000 shares of 8.00% Series A Cumulative Redeemable Preferred Stock at $25.00 per share, with underwriter option for up to 300,000 additional shares.
Alpine Income Property Trust Q3 FFO $0.46, raises outlook, ups investment guide to $200-230M
Net loss attributable to PINE $1.3M ($0.09 diluted EPS) vs net income $3.1M ($0.21) in Q3 2024; FFO per diluted share $0.46 vs $0.45 YoY.
Total revenues $14.9M (up 19% YoY) but net loss attributable to PINE of $(1.6M) vs net income $0.2M in Q2 2024.
John P. Albright, Rachel Elias Wein, M. Carson Good, Andrew C. Richardson, and Brenna A. Wadleigh elected to board until 2026.
PINE Q1 net loss $0.08/share, FFO $0.44/share (+7.3% YoY), invests $79.2M at 9.0% yield
Total revenue $14.2M, up 14% YoY; net loss attributable to PINE $1.18M vs $0.26M last year.
PINE Q4 AFFO $0.44/share; dividend raised to $0.285 quarterly; 17% AFFO growth in 2024
Q4 net loss $0.06/diluted share; FFO $0.44, AFFO $0.44 per share.
Alpine Income Property Trust board member Yarckin resigns; Wadleigh appointed
Jeffrey S. Yarckin resigned from the board effective Nov 8, 2024; no dispute reported.
PINE Q3 net income $0.21/sh; FFO $0.45/sh +21.6% YoY; raises guidance
Total revenues $13.48M, up 16.6% YoY; net income $3.08M attributable vs. loss $0.84M.
Director Mark O. Decker, Jr. resigns from Alpine Income Property Trust board effective Oct 4, 2024
Decker's resignation is not due to any dispute with the company or management.
Alpine Income Property Trust extends management agreement term to Jan 31, 2025
Amendment extends initial term of Management Agreement from Nov 26, 2024 to Jan 31, 2025.
Alpine Income Property Trust Q2 FFO per share $0.43 (+16% YoY); raises full-year guidance
FFO per diluted share $0.43, up 16.2% YoY; AFFO also $0.43 per share.
Alpine Income Property Trust appoints Philip Mays as CFO effective June 17, 2024
Philip R. Mays appointed SVP, CFO & Treasurer, effective June 17, 2024.
Alpine Income Property Trust stockholders elect six directors, ratify auditor
All six director nominees elected; M. Carson Good received 5.9M for, 3.2M against – highest opposition.
Alpine Income Property Trust reports Q1 net loss of $0.02 per share; FFO up 13.9%
Net loss attributable to PINE of $260k ($0.02 diluted per share) vs prior-year profit of $3.3M ($0.21).
On November 8, 2024, Jeffrey S. Yarckin notified Alpine Income Property Trust, Inc. (the “Company”) that he resigned from the Board of Directors of the Company (the “Board”), effective November 8, 2024.
On November 8, 2024, the Board appointed Brenna A. Wadleigh to the Board, effective November 8, 2024.
On October 4, 2024, Mark O. Decker, Jr., notified Alpine Income Property Trust, Inc. (the “Company”) that he resigned from the Board of Directors of the Company (the “Board”), effective October 4, 2024.
Max materiality 0.80 · Median 0.60 · Most common event earnings